A recent report issued by the Counsel for Graduate Schools calls for the revitalization of U.S. graduate schools in order to make the country more competitive in the global economy. The U.S. currently has the world’s strongest graduate school network, though some countries are quickly advancing toward it. According to the American Association for the Advancement of Science, this report offers the following suggestions about revising U.S. grad schools:

The report lobbies for a 10% increase in federal funding for graduate education programs, more scholarships for underrepresented minorities, and a more streamlined visa system. Furthermore, the report says, universities must overhaul their graduate programs by making them more interdisciplinary, for example, blending engineering with the health sciences. And businesses should increase their research collaborations with graduate schools.

Business professionals insist that interdisciplinary learning is required in order to advance in today’s top businesses. This 36-page report was composed by some of the nation’s top academics, policy experts, and industry representatives.